It’s fashionable to be a business person, but what does it really mean?
Wherever you see, the lifestyle of the entrepreneur is fashionable. He has support from various companies, news in the media and even places to get romantic dates with other business people. The word “entrepreneur” has become very important.
The problem is that once the term becomes fashionable and everyone wants to be an entrepreneur, the title loses meaning.
Who qualifies to be an entrepreneur?
The big difference between these people and the rest of the world is that they tend to build new ideas in unexplored territories. Being deeper, there are three other differences:
– Financing : entrepreneurs tend to get external capital to grow their businesses. It can be with followed with venture capital, crowdfunding , micro loans or angel investors.
– Strategy : a great brand of the entrepreneur is that he has an exit plan for his business. They start a new trend, innovate and then move on to the next project.
– Technology : entrepreneurs are always looking for tools that make their businesses more efficient and lucrative.
These differences are not absolute and leave room for many gray areas in the discussion. If you are still not sure about being an entrepreneur, you should ask yourself the following questions:
1. Do you like to take risks?
One of the most distinctive qualities of entrepreneurs is their risk tolerance. These people see opportunities and possibilities in situations where others see only danger. They have a clear vision of the future that allows them to launch into the void with confidence.
2. What do you think of personal development?
Entrepreneurs focus 100 percent on their industries. They are always consuming information and learning just for the fun of it.
3. What happens when someone says ‘no’?
“No” does not always mean “no” for entrepreneurs. For them, the negative encourages them to improve their skills and try again. They always try to improve their presentations and proposals to convince investors. That is why these ecosystems move billions of dollars in financing each year.
4. What do you do in your free time?
This is a tricky question if you are a true entrepreneur because you do not really have free time. There is no “balance of life and work” because your entire existence is organized according to your business.
The trends omdimas is change. At some point in history the term “entrepreneur” will go out of style and other lifestyles will replace it and only people who truly have a passion for doing something innovative will be left.